Answer: ART
Explanation:
Account receivable turnover(ART) = Sales revenue/Average Account Receivable
= $47,561/$19,595
= 2.427
Inventory Turnover(INVT) = Cost of sales/Inventory
= $32856/$16240
= 2.023
Property Plant and Equipment Turnover(PPET) = Sales/Property Plant and Equipment
= $47561/$19813
= 2.400
Therefore, the ratio that is highest is the account receivable turnover
Answer:
The correct answer is C. there is a level of unemployment consistent with "normal" frictions in the labor market.
Explanation:
Full employment is a situation where all the individuals in a country, who are able to work and who want to do so, are effectively working either as employees of a company or organization or creating their own.
When full employment occurs, labor demand equals supply so that the labor market is in perfect balance. This means that in a country with full employment, all workers who belong to the active population and look for work, find it. However, as we will see below, when there is full employment there are certain unemployed people, it is what is known as frictional unemployment.
Answer:
$50
Explanation:
The price of the stock can be estimated using the constant growth dividend model
the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
growth rate = retention rate x ROE
Retention rate = 1 - payout ratio
ROE = Return on equity = 15%
Payout ratio = dividend per share / earning per share
Payout ratio = 3/5 = 0.6
Retention rate = 1 - 0.6 = 0.4
growth rate = 0.4 x 15 = 6%
Price of the stock = 3 / (0.12 - 0.06)
3/0.06 = $50
Answer:
Detaile solution is given below in tabular form with complete analysis.
